Post
Topic
Board Economics
Re: If Bitcoin goes up very high should i buy a house?
by
safari88
on 03/02/2016, 17:11:42 UTC
if you have 40 bitcoin right now, i think you can buy a good house now

what you're talking about 40 bitcoin is only $16k, you cna buy a garage at most, not even a good one

no way you can buy an house with that amount, here for example you need 40k for a good condition one(2 room) 40-50mq

all depends on the price of bitcoin. if bitcoin really go above $1000-5000 you certainly do not need to have a lot of bitcoin to buy a house.

so I would say 10 bitcoin is enough to buy a house Cheesy

No dude, what are talking about this moment? do you know how much price of bitcoin currently? you can think there 5000$ is too much high worth of 1 btc then when it will be possible i can't think about bitcoin worth will be reach to 5000$ this much.

I know that if bitcoin touched $5000 between unlikely and even if it may take a long time. maybe 10-20 years Grin